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Search Results 0 to 18 of about 19 (some duplicates have been removed)
. >> thank you so much. we just got word that the senate republican leader mitch mcconnell will be going before cameras shortly so that could be market-moving as well. we'll wait to see what that is. >> when he speaks, we'll bring him to you. flows into stocks-based mutual and exchange traded funds have posted 8 billion and bonds, on the other hand, have taken less than 1 billion. a bit of a rotation going on here. should investors be putting money to work in equities despite today's selloff? >> the battle of stocks versus bond. with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the near term, some sort of a framework deal. does that mean we'll see rates on the treas
of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating into the future, we can look at the past in some of the previous negotiations of congress and the kind of role he has played. almost all of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level
than expected because of, say, harry reid and mitch mcconnell are able to work something out? >> reporter: i think that that is very likely. you heard president obama sort of signal that he's going to do that when he spoke on friday. he talked about the fact he'll be seeing everyone this week. we get the sense that he is prepared to cut the vacation short. i would not be surprised to see president obama heading back to washington, d.c. at the end of this week. thomas? >> set the sand on the soles as soon as you can. >> reporter: i will. >> merry christmas. thanks. >> reporter: you, too. >>> there are senators on both sides of the aisle saying that the best hope before the new year is a small and temporary deal that will at least buy americans some time. >> i think there's unfortunately only a small deal. i think we'll get past it but we have to get to the big deal. >> we can't let taxes go up on working people in this country. it is going to be a patch because in four days we can't solve everything. >> all right. let's dig in and talk more. joining me is lynn sweet and bob cu
? there is a lot of buzz on capitol hill. mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about tactics. we expect the president will try a stopgap measure extending middle-class tax rates, extending unemployment benefits for some 2 million americans, do some small spending cuts now, but not entitlement reform. an ally of the white house and the house of representatives offered this. >> this is not for show
of the gop and the senate. mitch mcconnell seems to be getting a little nervous about the rumblings around ashley judd's political intentions. >>> in 1823 one of the most famous versus of the holiday season was introduced. >>> nine days until we reach the edge of the fiscal cliff. what is going to be done about that? we will ask california congress woman coming up. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain
as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to hit its borrowing limit on monday, he said with no prospect of congressional action to raise the limit. here now to help us unravel what's going on is todd zwillich. he's washington correspondent for "the takeaway" on public radio international. todd, welcome back. decode this for us. are the players privately as bleak about the prospects as their public statement suggests? >> not as bleak, margaret, but bleak
in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington expecting votes on sunday at 6:30 p.m. on sunday and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we might find out what they're hammering out behind closed doors. >> thus far, democrats have refused to do any meaningful entitlement reform and republicans have refused to do anything related to taxes. we both know each side wants a piece of the other to do those exact things and both sides still refuse. is there anything that
by senate leaders, senate majority leader harry reid or senate minority leader mitch mcconnell will continue to work out a proposal from what the president laid out earlier today which as we reported earlier was essentially a smaller version of what the white house has wanted all along, only dealing with tax rates specifically, keeping taxes where they are for families earning less than $250,000 a year, and an extension of unemployment benefits. now it goes back to senate leaders. over the next 24 hours they will try to craft a proposal that can pass both houses of congress. the senate will not be in tomorrow. so congressional leaders can focus on work on the fiscal cliff. some of the buzz around washington has been, if you look at what could possibly pass the house and senate, you're looking at perhaps an income threshold of about four to $500,000 a year, maybe less, to prevent those taxpayers, those amounts from having to pay additional taxes or watching their taxes go up. some of the other proposals on employment insurance. the doc fix, preventing doctors from getting a massive pay cut at
is leaving it in the hands of harry reid and mitch mcconnell. can they craft a package that members of speaker boehner's caucus would approve? that is what it is going to take, isn't i >> it is. and it could be possible, adam. e next 24 hours will let us know. we have a reedout from our colleague henry, according to a senior white house official exactly how this meeting went down. this according to a white house official. basically the president said, you know, look if the speaker can not come up with some type of compromise, or republican and democratic leaders can not come up with some kind of compromise, would they put up the president's plan $250,000 below vote in the house, the white house officials said the speaker was noncommittal. the white house officials said that it does not appear that the debt ceiling is part of this. that is a major obstacle for republicans in the house. they said that they wanted for the president a four year plan the debt ceiling. it could help carve the vote. adam: when the president says nobody gets 100% of what they want, is he tipping his hat th
will have to workout a compromise between harry reid, mitch mcconnell the democratic and republican leaders, and the president who is here in hawaii when you talk to his staff they say it's very likely some time after spending christmas with his family, whether it's the middle or later part of this week he's likely to head back to washington to sit down with congressional leaders and try to work this out. >> reporter: it's a bit encouraging for a lot of folks who were wondering about that question. i'm curious is there anyone on the island that is critical to the fiscal talks that joined the president on this trip or is everything being done electronically? >> reporter: most electronic leave. the one interesting point is when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the repo
's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for each other's legislative skills and they have proven in the past that when they need to cut a deal, but can cut a deal and bring their party's members with them. host: john mccain writes a big budget deal is still worth doing. he points out to the history of some of these agreements, most notably with ronald reagan in the 1980's and president bush in 1991 in which republicans agreed to spending cuts that never happened while raising taxes. guest: that's right. there's a little confusion about how much spending cuts happened. it's the same sort of formula both sides are pursuing this time. you lock in the tax increases
deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating around and we're staring into the abyss and eventually we're going to fold. >> i love that mental image. >> but it was the expectations component of that confidence data yesterday that was r
at the center of this for weeks. doesn't look like they can come together. can mitch mcconnell or anyone on the republican sidestep forward in these last nine days remains to be seen. >> david drucker, to you. we had senator chuck schumer saying we were this close to getting a deal done. how close is "this close" now? and what did that entail? >> well, you know, i think it depends on what you think is "this close." from what we can tell, it looked as though speaker boehner and president obama were getting towards a formula of spending cuts and entitlement reform in exchange for tax increases in terms of rates going up on some level of higher income earners, and there's evidence that the president was willing to move from his $250,000 position to somewhere up around $400,000. of course the speaker was always looking to cap it at a million. but clearly they didn't feel they were getting somewhere, which is why the speaker was then running his plan b, which ultimately failed. look, i think that there is a deal that could get enough republican votes in a majority of republican votes in the h
and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> you and i are both kind of laughing about that one. so the stumbling block, of course, over raising taxes on the
republicans on the fiscal talks. i just wish that john boehner and mitch mcconnell would have some more backbone and the tables and say we heard. read about blaming republicans, and boehner said it on the senate floor, but they need to come to the podium today or tomorrow and say senator reid, we recently passed two bills are sitting on the fiscal cliff cristeta sitting on your desk and you have the audacity to blame republicans. i think they're both to blame someone. reid a little more so. we see what happens. obama has led this country. he is about to lead us into another debt downgrade. it should be evident to see what happens when you let partisan democrats like harry reid and nancy pelosi call the shots. >> marty, you are calling on the democrat line. what is your reaction? caller: the president needs to get the republicans come back in from christmas holiday. >> what do you think is gonna happen? >> we are on the verge of a fiscal cliff and they are still on vacation. >> let's go to mike in texas, on our line for republicans. >> i agree with the first guy. i wish they would have a
reid and mitch mcconnell speak on the floor about the negotiations. then that is followed by the history of "the new york times." on friday's "washington journal" a look at the countdown to the fiscal cliff. our guest will be damian paletta. then homeownership in the u.s. with randallo tool. later, the discussion of the economy, poverty, and hunger. caroline radcliff. "washington journal" live every morning starting at 7:00 eastern on c-span. >> if we turn away from the needs of others, we align ourselves with those forces that are bringing about this suffering. >> the white house is a pulpit and you ought to take advantage of it. >> obesity in this country is nothing short of a public health crisis. >> i think i have little antennas that went up and told me when somebody had their own agenda. >> there is so much influence in that office and it is shame to waste it. >> they serve on a window on the past with what is going on with american women. >> sh she is the only one they can trust. >> many of the women were writers. they were journalist, they wrote books. >> they are
Search Results 0 to 18 of about 19 (some duplicates have been removed)